Growth of private markets in the UK following reforms introduced after 2008
Financial Services Regulation Committee
Open
Inquiry
Opened: 1 Jul 2025
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This inquiry looks into the growth of private markets in the UK following reforms introduced after 2008. In particular, the inquiry will examine whether the regulatory capital and liquidity reforms introduced after 2008 have reduced banks’ ability or willingness to lend, pushing risk away from the banking sector and towards …
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2
Reports
12
Oral sessions
1
Letter
12
Events
Activity timeline 16 events
9 Mar
2026
2026
6 Mar
2026
2026
9 Jan
2026
2026
Report published
8 Jan
2026
2026
19 Nov
2025
2025
Oral evidence
11 Nov
2025
2025
Oral evidence
5 Nov
2025
2025
Oral evidence
29 Oct
2025
2025
Oral evidence
21 Oct
2025
2025
Oral evidence
15 Oct
2025
2025
Oral evidence
17 Sep
2025
2025
Oral evidence
10 Sep
2025
2025
Oral evidence
Oral evidence sessions 12 sessions
19 Nov 2025
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Daniel Rusbridge · HM Treasury
Lowri Khan CB CBE · HM Treasury
Lucy Rigby KC MP · HM Treasury
11 Nov 2025
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Michael Roberts · HSBC
Stephen Dainton · Barclays
5 Nov 2025
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Charlie Nunn · Lloyds Banking Group
Nathanaël Benjamin · Bank of England
Robert Begbie · NatWest Group
29 Oct 2025
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Blair Jacobson · Ares Management Corporation
Daniel Leiter · Blackstone
Joseph Pinto · M&G plc
The Rt Hon Michael Moore · British Private Equity & Venture Capital Association (BVCA)
Tristram Leach · Apollo Global Management
21 Oct 2025
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Andrew Bailey · Bank of England
Sarah Breeden · Bank of England
15 Oct 2025
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David Postings · UK Finance
Nikhil Rathi · Financial Conduct Authority
Sheree Howard · Financial Conduct Authority
Stephen Braviner Roman · Financial Conduct Authority
17 Sep 2025
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Mark Steele · OakNorth Bank
Nigel Terrington · Paragon Banking Group
10 Sep 2025
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Apostolos Gkoutzinis · Milbank LLP
The Lord King of Lothbury KG GBE · Bank of England
3 Sep 2025
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Irene Graham OBE · The ScaleUp Institute
Louis Taylor CBE · British Business Bank
Martin McTague OBE · Federation of Small Businesses (FSB)
23 Jul 2025
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Nicolas Véron · Bruegel
Professor Arthur E. Wilmarth, Jr. · George Washington University Law School
9 Jul 2025
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Dr Narine Lalafaryan · Faculty of Law, University of Cambridge
Professor Ludovic Phalippou · Saïd Business School, University of Oxford
2 Jul 2025
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Professor Kern Alexander · University of Zurich
Professor Simon Gleeson · Faculty of Law, University of Oxford
Reports 2 reports · click to expand
| Title | HC No. | Published | Items | Response |
|---|---|---|---|---|
| Response from HM Treasury to the Committee’s 3rd Report of Sessi… | 9 Mar 2026 | 0 | ||
| 3rd Report - Private markets: Unknown unknowns | 9 Jan 2026 | 0 | Responded |
Correspondence 1 letter
8 Jan 2026
To committee
Letter from Lucy Rigby KC MP, Economic Secretary to the Treasury, to Lord Forsyth of Drumlean regarding the Committee’s inquiry into the growth of private markets in the UK following reforms introduced after 2008 (18 December 2025)
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